Van Buren Township, Michigan (ots/PRNewswire) - Mike Johnston,
chairman-elect and chief executive officer of Visteon Corporation
(NYSE: VC) today announced the appointment of Donald J. Stebbins,
47, to president and chief operating officer, effective May 23, 2005.
Stebbins joins Visteon with over 20 years of leadership experience
and a solid history of performance in managing global business
issues. Reporting to Johnston, he will be responsible for Visteon's
global operations including manufacturing, sales, purchasing,
product development and quality.
@@start.t1@@ (Photo: http://www.newscom.com/cgi-bin/prnh/20050518/DEW009
"This is a great time for Don to join our leadership team as we
take steps to increase Visteon's competitiveness in the marketplace,"
said Johnston. "Don is a highly-regarded leader with a great
reputation at a well-respected company. His operational experience
and financial expertise combine for a great foundation from which to
drive the restructuring planning underway."
Stebbins joins Visteon from Lear Corporation where he was
president and chief operating officer of Lear's operations in Europe,
Asia and Africa. Prior to this appointment, Stebbins was president
and chief operating officer of Lear's operations in the Americas.
Stebbins joined Lear in 1992 as vice president and treasurer. He has
held various financial positions of increasing responsibility
throughout the first nine years with Lear including a 1997 promotion
to senior vice president and chief financial officer. Prior to
joining Lear, Stebbins held positions at Bankers Trust Company and
Stebbins holds a bachelor of science degree in finance from Miami
University in Oxford, Ohio and a master's degree in business
administration from the University of Michigan in Ann Arbor,
Visteon Corporation is a leading full-service supplier that
delivers consumer-driven technology solutions to automotive
manufacturers worldwide and through multiple channels within the
global automotive aftermarket. Visteon has about 70,000 employees and
a global delivery system of more than 200 technical, manufacturing,
sales and service facilities located in 24 countries.
Web site: http://www.visteon.com
ots Originaltext: Visteon Corporation
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